SpiceJet reports biggest-ever annual net loss of Rs.1,003 cr

Budget airline SpiceJet has reported a net loss of Rs.1,003 crore for the year ended 2013-14, its biggest-ever annual net loss, as compared to a net loss of Rs.191 crore in 2012-13. For the year ended March 31, 2012, the airline had...

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NEW DELHI: The Directorate General of Civil Aviation (DGCA) has directed all Indian carriers to accept passengers of SpiceJet's cancelled flights without charging exorbitant spot fares. The regulator's order is "subject to availability" of seats in other carriers and refers to passengers of SpiceJet flights cancelled at the last minute. READ ALSO: SpiceJet resumes normal...

AHMEDABAD: On October 21 this year, Vinod Meghrajani, COO of a city-based oil and gas company, had booked four return tickets for Dubai in SpiceJet flight from Ahmedabad for January 26 for Rs79,498. SpiceJet's operations were disrupted nationwide due to multiple reasons by November-end and Meghrajani cancelled his tickets on November 30 due to uncertainty of his flights. After...

Even as the beleaguered SpiceJet piles on its dues and grounds its fleet forcing thousands of travellers to shell out exorbitant fares, the promoter of the airline, Kalanithi Maran, seems to have given his parent company Sun Group saccharine deals while on his way out. Documents accessed by dna show that even while SpiceJet’s finances were bleeding, the Kalanithi Maran-led...

India's troubled airline SpiceJet has grounded flights after oil companies refused to refuel any of its planes, media reports say. The debt-ridden carrier owes money to creditors, including oil companies. SpiceJet is India's fourth-biggest airline by market share. On Tuesday, civil aviation authorities gave SpiceJet a reprieve when they said state-owned oil companies would be...

FARNBOROUGH, England--( BUSINESS WIRE )--SpiceJet Airlines has selected GE’s Flight Efficiency Services (FES) to support its fleet of 52 Boeing 737 and Bombardier Q400* aircraft. GE will provide flight data analytics and fuel management to optimize the airline’s operational efficiency with the goal of substantially reducing fuel expenses for the airline. “India has among the...

In Business- Boeing Deliveries To Start From 2018: SpiceJet

published:13 Mar 2014

In Business- Boeing Deliveries To S

In Business- Boeing Deliveries To Start From 2018: SpiceJet

SpiceJet has been in the news again. The airline has just announced plans for a $4.4 billion fleet expansion.
To know more about the company's expansion plans, Anupriya Nair speaks to S.L. Narayanan...

SpiceJet is a low-cost airline headquartered in Chennai, India. It began service in May 2005 and by 2008, it was India's second-largest low-cost airline in terms of market share..

The origins of SpiceJet track back to February 1993 when ModiLuft, one of India's first post-deregulation airlines that was launched by the Indian industrialist S K Modi, in technical partnership with the German flag carrier Lufthansa. The airline project was started in February, 1993 by S K Modi, Ashutosh Dayal Sharma and Kanwar K S Jamwal and on 5 May 1993 took the first flight from New Delhi to Mumbai. The airline actually started operations within three months of its conception – a record of kinds in itself. It maintained very high standards in flight safety, ground maintenance and on-time performance, owing to a strong support from Lufthansa AG. The team consisting of Indian and German technical staff and pilots was built by Kanwar K S Jamwal, General Manager Projects, a thorough professional himself, was responsible for setting up the Airline and its operations. Captain R L. Kapur and Retired First officer Cdr. S. Raj along with a team of able Airline experts helped further, in meeting the highest standards in the aviation industry and in conforming to the Indian Aircraft Rules set by the Director General Civil Aviation. The first two batches of the cabin crew were extensively trained at the flight crew training facility at Frankfurt. Modiluft was perhaps the only Airline to achieve an average aircraft utilisation of a minimum 12 hours per day in Indian Skies. This was no ordinary feat, as it required constant supervision, resources and a team of through professionals at every level to make this possible.

In Business- SpiceJet-Qatar Deal: Valuation Hurdle

According to a Bloomberg TV India exclusive, SpiceJet's talks with Qatar Airways for a equity stake sale is stuck due to valuation.
Swati Khandelwal Jain shares a detailed report on the same.
www.btvin.com

duration:3:09

published:26 May 2014

updated:26 May 2014

views:7

In Business- Boeing Deliveries To Start From 2018: SpiceJet

SpiceJet has been in the news again. The airline has just announced plans for a $4.4 billion fleet expansion.
To know more about the company's expansion plans, Anupriya Nair speaks to S.L. Narayanan, Group CFO, Sun Group.
www.btvin.com

duration:5:06

published:13 Mar 2014

updated:13 Mar 2014

views:31

SpiceJet interview-BBC World interview(India Business Report) with Sanjay Aggarwal-23-8-09

SpiceJet interview-Sanjay Aggarwal on UTVi(India Business Day Plus)-13/8/09

SpiceJet SG246 : Flying from Bengaluru to Kochi

Flying back home on the low cost carrier SpiceJet from Bangalore to Kochi. This was my first time flying SpiceJet on this evening flight!
SpiceJet has one daily flight between Bengaluru and Kochi with a scheduled flight time of 1 hr and 10 min departing at 4:55 pm and arriving at 6:05 pm. The plane arrived some 40 min late from Pune and so arrival was at 6:30 pm, 25 min late. My seat was 27F on the right.
VT-SGL, a 14 year old 737-800 was operating this flight.
This ticket cost around 2000 rupees, which is quite cheap for this sector.
Seat 9/10
Crew 3/10
Value for money 8/10
Overall LCC experience rating : 6.7/10
After having a wonderful AirAsia India Inaugural flight in the morning, I was slightly disappointed with this SpiceJet flight. But, what matters is quite good, the legroom and the fares, so go ahead and book your flights!
Thanks for watching!
Music in this video is created and owned by me.
I have full right to use it in this video.

EXCLUSIVE | Ajay Singh To ET NOW On Taking Control Of SpiceJet

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The Marans make it official that Ajay Singh will take control of the wobbly airlines SpiceJet. The current promoters will transfer ownership and control as they prepare to step out of the pit. Ajay Singh talks first to ET NOW to reveal details about this move as well as his strategy going forward. He also tells ET NOW’s Sandeep Gurumurthy that he is in talk with other investors to further get SpiceJet back on track. Listen in to this ET NOW Exclusive

duration:11:32

published:15 Jan 2015

updated:15 Jan 2015

views:6

Why SpiceJet Airlines takeoff permanently ? - Watch HMTV Big Story

Why SpiceJet Airlines Takeoff Permanently - Watch HMTV Big Story .
HMTV, a leading Telugu News Channel, brings to you all the latest news from around the world through breaking news, regional news, national news, international news, sports updates, entertainment gossips, business trends, political satires, crime reports, exclusive interview programs such as Coffees and Movies.
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duration:21:24

published:17 Dec 2014

updated:17 Dec 2014

views:19

DGCA allows SpiceJet to open bookings beyond March 31

Assistant editor Manu Kaushik says SpiceJet has received permission from aviation regulator DGCA to open bookings beyond March 31 till October 24.

SpiceJet's philosophy is to not fly empty seats: Sanjiv Kapoor

SpiceJet narrowed its losses in the September quarter. It's COO Sanjiv Kapoor told NDTV that heavy discounting has led to higher load factor, which pushed up revenues in the second quarter.
Watch more videos: http://www.ndtv.com/video?Yt

Burton High Fives - Competitions Start Tomorrow

Press Release: TUNE IN: Watch the Second Annual Burton High Fives snowboarding competition LIVE on on September 12 and 13 WHAT: The second annual Burton 'High Fives' presented by MINI snowboarding competition, is now underway at Cardrona Alpine Resort in Wanaka, New Zealand. A live webcast of the slopestyle and halfpipe competitions will be on with the slopestyle coverage... more